Nucor to Build New Melt Shop at an Existing Bar Mill in the Western United States

PR Newswire

CHARLOTTE, N.C., Sept. 21, 2021 /PRNewswire/ — Nucor Corporation (NYSE: NUE) announced today that its board of directors has approved the construction of a new melt shop at one of the Company’s existing bar mills in the Western United States. The new $100 million melt shop will have the capacity to produce 600,000 tons annually and create approximately 140 new full-time jobs, with start-up expected in 2024.

“The new melt shop will help us maintain our market leading position in steel bar production and help us meet anticipated growth for bar products from our customers in the Western United States,” said Dan Needham, Executive Vice President of Bar and Rebar Fabrication Products for Nucor Corporation.

Nucor has 15 bar mills strategically located across the United States that manufacture a broad range of steel products, including concrete reinforcing bars, hot-rolled bars, rounds, light shapes, structural angles, channels, wire rod and highway products in carbon and alloy steels. Four of the bar mills have a significant focus on manufacturing SBQ and wire rod products. Steel produced by Nucor bar mills serves numerous end markets, including the agricultural, automotive, construction, energy, furniture, machinery, metal building, railroad, recreational equipment, shipbuilding, heavy truck and trailer market segments. Nucor’s bar steel production capacity is estimated at approximately 9.5 million tons per year.


About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.


Forward-Looking Statements

Certain statements contained in this news release are “forward-looking statements” that involve risks and uncertainties. The words “anticipate,” “believe,” “expect,” “intend,” “project,” “may,” “will,” “should,” “could” and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company’s best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company’s actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties surrounding the global economy, including excess world capacity for steel production; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; and (14) the impact of the COVID-19 pandemic and any variants of the virus. These and other factors are discussed in Nucor’s regulatory filings with the Securities and Exchange Commission, including those in “Item 1A. Risk Factors” of Nucor’s Annual Report on Form 10-K for the year ended December 31, 2020. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.

Cision View original content:https://www.prnewswire.com/news-releases/nucor-to-build-new-melt-shop-at-an-existing-bar-mill-in-the-western-united-states-301381722.html

SOURCE Nucor Corporation

Rackspace Technology Empowers Productivity with Rackspace Elastic Engineering for Microsoft 365

New Offering Delivers Modernized Email and Productivity Applications through a Flexible, Scalable Services Approach 

SAN ANTONIO, Sept. 21, 2021 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the launch of Rackspace Elastic Engineering for Microsoft 365. The offering takes a holistic approach to email and productivity application solutions for small, medium, or enterprise customers covering the areas of roadmap and strategy, tech guidance and advice, business process design, enhancements, adoption and ROI, and security and compliance.  

Rackspace Elastic Engineering for Microsoft 365 provides accessible, flexible, scalable, and cost-effective services for Microsoft 365, helping maximize value and deliver better business outcomes while modernizing applications through businesses application strategy and operations. Rackspace Elastic Engineering for Microsoft 365 pod partners work alongside businesses every step of the way to optimize and manage modern email and productivity application solutions, so businesses can maximize their investment with Microsoft 365, and take advantage of native security features starting with identity and access management.

As organizations seek to drive efficiencies, they continue to look for ways to optimize and modernize their email and productivity application investments to deliver improved customer experiences, market differentiation and secure their operations.

“Modernizing applications has grown to be a major enterprise initiative and many organizations are hard at work transforming their applications portfolios to build business agility and achieve digital transformation objectives,” says Pete Marston, research director, IDC’s Intelligent Application Services*.

“Companies need to find ways to maximize the value they get out of their existing applications while they modernize their application portfolio,” said Kevin Carroll, general manager, applications for Rackspace Technology. “To meet those objectives, they need access to expertise that is flexible, scalable, and economical. Rackspace Elastic Engineering for Microsoft 365 provides that expertise across a number of M365 disciplines to optimize and secure the usage of Microsoft 365, modernize business application strategy, and provide technical guidance on application operations.”

Core components included in Rackspace Elastic Engineering for Microsoft 365 include:

  • Access to a dedicated pod of on-demand Microsoft 365 application experts to optimize and manage complex application challenges.
  • Consultative project-based application services to assess the current application landscape, organizational capabilities, requirements, and desired future state, as well as strategic planning, design, development, and implementation.
  • Work alongside Microsoft 365 engineers to configure native Microsoft 365 capabilities, including Device Management and Data Loss Prevention, improving adoption and maximizing your investment.

Rackspace Elastic Engineering for Microsoft 365 includes a complimentary Email & Productivity Application Discovery Session, along with a complimentary strategy session to learn how Rackspace Technology can accelerate the company’s path to modernizing and securing email and productivity solutions.

* IDC, “Lessons Learned from 23 Application Modernization Initiatives,”  #US46042218, February 2020

For more information visit: https://www.rackspace.com/lp/rackspace-elastic-engineering-microsoft-365

Microsoft 365

Microsoft 365 with Microsoft Teams is a cost-effective cloud solution for real-time collaboration and secure work from anywhere. It includes Microsoft Teams, cloud storage, and familiar Office apps with advanced security options. Businesses can use it to chat, call, host online meetings, and collaborate in real time for remote and onsite work. It is an integrated solution that allows your team to get work done securely, all in one place.

Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Contact:

Natalie Silva
[email protected]



Buy Now, Pay Later Leader Uplift Launches Partnership with SeaWorld

SeaWorld hotel and ticket packages now offering flexible monthly payments with Uplift

PR Newswire

SUNNYVALE, Calif., Sept. 21, 2021 /PRNewswire/ — Uplift, the leading enterprise Buy Now, Pay Later solution serving the world’s top travel brands, has announced a new partnership with SeaWorld Parks & Entertainment, Inc. Uplift is now providing Buy Now, Pay Later payment options for booking hotel and ticket packages for SeaWorld Orlando, SeaWorld San Antonio and SeaWorld San Diego.

Customers are now invited to book SeaWorld hotel + ticket packages online, on the SeaWorld theme park websites, and use Uplift’s flexible payment options to pay for their trip over affordable monthly payments. Uplift is seamlessly integrated into the booking process, giving customers the option to choose Uplift to Buy Now, Pay Later for vacation packages. Customers can see the total cost of their travel package and full details about their future monthly payments. 

“Uplift is a wonderful partner for a Buy Now, Pay Later solution to help SeaWorld guests enjoy all of the amazing attractions and experiences that our parks offer while managing their budgets,” said Chris Ivy, Executive Vice President of Revenue at SeaWorld Parks and Resorts. “As families get back to travel, we are excited to offer Uplift’s flexible payment options to help our guests get access to great deals on hotel and ticket packages.” 

SeaWorld guests can pay through Uplift’s flexible payment options for purchase amounts beginning at $300. For example, instead of paying $1,500 all up front for a hotel and attraction tickets package, Uplift gives people the option to pay $133.76 at the time of booking and spread the cost of this vacation over 11 monthly payments of $133.76 each. 

“Visiting SeaWorld is a one-of-a-kind experience with world-class attractions and award-winning events that appeal to guests of all ages.  From Sesame character meet-and-greets, to thrill rides and seasonal events, the parks offer year-round family fun and adventure. SeaWorld’s commitment to animal rescue and conservation make it unique among theme parks and a must-visit experience,” said Tom Botts, Chief Commercial Officer for Uplift. “Uplift is excited to build upon our deep knowledge and experience in providing easy payment solutions for travel packages as we partner with SeaWorld to help more families have an affordable vacation and make everlasting memories at SeaWorld.” 

Uplift partners with more than 200 of the world’s leading airlines, cruise lines, resorts and other major travel brands to offer BNPL payment options to help more people get the travel experiences that they deserve. 

Uplift’s Buy Now, Pay Later flexible payment options are now available for booking hotel and ticket packages for all SeaWorld theme parks and locations.

About SeaWorld Parks & Entertainment 
SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The Company is one of the world’s foremost zoological organizations and a global leader in animal welfare, training, husbandry and veterinary care. The Company collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. The Company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 39,000 animals in need over the Company’s history. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld®, Busch Gardens®, Aquatica®, Sesame Place® and Sea Rescue®. Over its more than 60-year history, the Company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. The Company’s theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests.

About Uplift
Uplift is the leading Buy Now, Pay Later solution that empowers people to get more out of life, one thoughtful purchase at a time. Serving the world’s top enterprise level travel brands, Uplift’s complete range of flexible payment options drive higher conversion and loyalty for partners, while giving customers a simple, surprise-free way to pay overtime with no late or early payment fees. Uplift is currently available throughout the United States and Canada. To learn more, visit Uplift.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/buy-now-pay-later-leader-uplift-launches-partnership-with-seaworld-301381525.html

SOURCE UpLift

Digital Entertainment Winners: CEO’s of Rush Street Interactive, ESE Entertainment, Electronic Arts, and FansUnite Pursue Multi-Billion Dollar Market Opportunities in E-Sports, I-Gaming and Sports Betting

NEW YORK, Sept. 21, 2021 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Electronic Arts, Inc. (NASDAQ: EA), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), Rush Street Interactive (NYSE: RSI) and FansUnite (OTC: FUNFF) (CSE: FANS).

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela: ”10X Increase in Revenue Run Rate in 10 Months is Just The Start”

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela, a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investors livestream shared that revenues have increased to $20 million+ run rate – which is a ten-fold increase in 10 months. Konrad says this is just the beginning as his goal is building ESE into a billion dollar global e-sports enterprise. Wasiela shared that “ESE now has a growing e-sports M&A pipeline with over $100 million annual revenues” and expected to close a significant number of these potential transactions in the coming months. ENTEF just closed the acquisition of e-sports company Auto Simulation Limited T/A Digital Motorsports, an Ireland-based provider of advanced simulation racing (“sim racing”) infrastructure, technology, and support. Sim racing is one of the hottest growth categories in the multi-billion dollar global e-sports market.

Watch ESE (OTC: ENTEF)
(TSX.V: ESE)
Next Super Stock livestream video:


https://bit.ly/3u6oZWc

In his interview with Wall Street Reporter, ESE CEO Konrad Wasiela, says the company is now ready to scale – expanding its global footprint, with new partnerships with global brands like Porsche, and Kia driving revenue growth with aggressive focus on top line sales and margin expansion, and M&A opportunities. ESE is now rapidly expanding, with multiple revenue streams including, e-sports infrastructure software powering global tournaments, exclusive digital media distribution, broadcast rights, and owning world-class leagues and teams, including its K1CK global E-Sports franchise.

Watch ESE (OTC: ENTEF)
(TSX.V: ESE)
Next Super Stock livestream video:


https://bit.ly/3u6oZWc

Electronic Arts, Inc. (NASDAQ: EA) CEO Andrew Wilson: “Key Growth Drivers: Building on Leadership in Sports; Growing Blockbuster Franchises; Expanding Live Services & Mobile”

“…Looking at our first quarter of fiscal 2022, we delivered very strong results. Even as the world took steps towards opening back up, we deepened engagement and connections for players in and around our games. And we see this trend going well into the future. Our talented teams are delivering experiences that hundreds of millions of players want to play, and our new launches, leading games and life services all performed very well during the quarter. Execution against our long-term strategy continues to power growth in our business. Revenue, net bookings and EPS were all above our guidance for Q1. We are raising our full year net revenue, net bookings and EPS guidance today, and we are also forecasting our biggest second quarter ever.”

“…Our long-term strategy is focused on 4 key opportunities: the continued creation of great games and content with a focus on mobile, tools for the community to drive deeper engagement with our content, the aggregation and distribution of content and services to more platforms, business models and geographies, and harnessing the power of the social ecosystems in and around our games. As part of this, in FY ’22, we continue to execute against 3 key growth drivers: building on our leadership in sports; growing our blockbuster franchises; and expanding live services across our portfolio, including mobile…”

“…Underpinning these growth drivers are the fact that games, and particularly our portfolio experiences at Electronic Arts, are creating social connection for more and more people around the world. More than 0.5 billion players are coming together through the social networks formed in and around our games, and we see this continuing to grow. With some of the most talented teams in the industry, a deep pipeline of innovative experience in established and new IP, new content partnerships and more ways to connect and experience play, we are positioning our business for continued growth and leadership this year and beyond..”

Electronic Arts, Inc. (NASDAQ: EA) Earnings Highlights:


https://bit.ly/3n9xwWW

FansUnite (OTC: FUNFF) (CSE: FANS) “Positioned for Exponential Revenue Growth in iGaming, E-Sports, Online Sports Betting”

In his latest presentation at Wall Street Reporter’s NEXT SUPER STOCK livestream, FansUnite (OTC: FUNFF) (CSE: FANS) CEO Scott Burton shared the global i-gaming company’s latest progress and milestones in the multi-billion dollar i-gaming, and sports betting market. FUNFF was recently granted a UK gaming license, enabling the Company to serve as a Business-to-Business technology provider and Business-to-Consumer operator in the $20 billion+ UK online gambling market, which is one of the world’s largest online betting markets. FUNFF is also positioned to play a foundational role in Canadian sports betting as that market opens.

Watch FansUnite (OTC: FUNFF) (CSE: FANS) NEXT SUPER STOCK Video:


https://bit.ly/3BzfqBt

FUNFF has developed a one of a kind i-gaming platform, with a sports and esports focus geared for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-play betting, daily fantasy, content and a certified RNG to produce casino style chance games. Scott Burton shared that the RNG games are expected to be a major source of revenue, thanks to a distribution deal with a major online casino games aggregator which can license the games to thousands of online casinos – setting the stage for exponential revenue growth opportunities.

FUNFF recently appointed i-Gaming industry veteran Mike Lee, as VP of gaming to lead the development and growth of FUNFF casino operations, launching new i-Gaming products and expanding global distribution. Mike Lee was the CEO of Genesis Gaming, a prominent gaming provider, where he oversaw the company’s global business operations, leading the development of Genesis Gaming’s game delivery platform and overseeing an extensive portfolio of more than 100 gaming titles. Burton also shared that FUNFF, with a recently closed C$24.7 capital raise, is well positioned to take advantage of potential M&A opportunities in the online gaming industry in the coming months.

Watch FansUnite (OTC: FUNFF) (CSE: FANS) NEXT SUPER STOCK Video:


https://bit.ly/3BzfqBt

Rush Street Interactive (NYSE: RSI) Richard Schwartz, CEO: ”Momentum Building for Sports Betting and Online Casino Games”

“…Revenue was $122.8 million during the quarter, representing a year-over-year increase of 89%. Not only did we grow casino revenue sequentially during the period, but also sportsbook revenues despite a lighter sports calendar. With this continued success and growth in our business, we are once again raising our guidance. We now expect our 2021 full-year guidance to be between $455 million and $495 million implying 72% year-over-year top-line growth at the midpoint.”

“We have continued to make significant progress in our market access initiative… We have been selected by the Connecticut Lottery to be a sports betting partner, making RSI one of only three sportsbook operators who will be authorized to operate in the state…New York has recently accepted bids… We formally submitted our bid as part of the process. We are excited about the opportunity to offer our online sportsbook in the state of New York…We have no shortage of near-term opportunities and expected state launches coming over the next couple of quarters. And our business development team is hard at work to continue the strong momentum to secure partnerships in many new jurisdictions.”

“We also continue to be very encouraged by the legislative momentum for online sports betting and the addition of online casinos in many states which already have approved sports betting. It has become very clear we are looking at the numbers in New Jersey, Pennsylvania and Michigan that online casino is a greater generator of cash revenue, and many state legislators are recognizing this opportunity.”

Rush Street Interactive (NYSE: RSI) Earnings Highlights:


https://bit.ly/3yHz38y

WALL STREET REPORTER

Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO’s of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Full disclaimer, and relevant SEC 17B disclosures here: http://bit.ly/39kkE7K 

About Wall Street Reporter’s Next Super Stock conference:

Wall Street Reporter’s NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Click here to join next livestream event: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/

CONTACT:

WALL STREET REPORTER

(212) 871-2057 ext 7


www.WallStreetReporter.com

 



Moguls in the Making 2021: Ally and the Thurgood Marshall Fund once again join forces to foster entrepreneurship among HBCU students

– Award-winning artist, philanthropist Big Sean, the Sean Anderson Foundation and Terrence J lent support as key ambassadors and mentors

– Third annual business pitch competition featured 50 students competing from 10 historically Black colleges and universities

– North Carolina A&T State University takes first place; more than $215,000 in scholarships and prizes awarded

PR Newswire

CHARLOTTE, N.C., Sept. 21, 2021 /PRNewswire/ — Students from North Carolina A&T State University took top prize in the 2021 Moguls in the Making pitch competition, which offers 50 students from Historically Black Colleges and Universities (HBCUs) the opportunity to learn and practice vital business skills, while competing for scholarships and internship opportunities. The third annual competition, which ran from Sept. 16-19, was presented by Ally (NYSE: ALLY) and Thurgood Marshall College Fund (TMCF), the largest organization exclusively representing the Black College community, with special appearances by multi-platinum artist, entrepreneur and philanthropist Big Sean as well as actor/entertainer and HBCU alumnus Terrence J.

Moguls in the Making gave the students—grouped into teams of five from 10 HBCUs—an opportunity to showcase their business savvy through the development of business plans focused on advancing economic mobility in Charlotte. After pitching their ideas to a panel of judges from the business community, each member of the top three winning teams received scholarships, guaranteed offers of paid internships at Ally, a laptop and other prizes. 

The 2021 top three winning teams were:

First Place: North Carolina A&T State University, $20,000 scholarships for each student. 

  • Claudia Duverglas of South Easton, Mass., Major: Business Management and Administration
  • Darren Rippy of Richmond, Va., Major: Public Relations
  • Joshua Weaver of Charlotte, N.C., Major: Industrial & Systems Engineering
  • Kameran Harris of Detroit, Major: Marketing
  • Lance Davis of South Holland, Ill., Major: Computer Engineering

 Second Place: Howard University, $10,000, scholarships for each student.

  • Andre Wilkes of Washington, D.C. Major: Strategic, Legal & Management Communications/ Philosophy
  • Eric Green of Washington, D.C., Major: Biology
  • Kenthia Roberts of Hyattsville, Md., Major: Mathematics
  • Morgann Phillips of Washington, D.C., Major: Political Science
  • Tyahna Arnold of Glen Burnie, Md., Major: Political Science

Third Place: Florida A&M University, $5,000, scholarships for each student.

  • Afiya Ward of Tallahassee, Fla., Major: Agriculture Business
  • Bryana Pittman of Tallahassee, Fla., Major: Biological Systems Engineering
  • Kenares Clarke of Tallahassee, Fla., Major: Business Administration
  • Kennedy Hayden of Baltimore, Major: Music Industry
  • Niegil Reese of Tallahassee, Fla., Major: Business Administration

Members of the Spellman College team were awarded $2,500 each for having a standout business presentation:    

  • Alexis Hobbs of Atlanta, Major: Political Science
  • Alyssa Tasker of Atlanta, Major: Economics
  • Ariel Alexander of Atlanta, Major: Comparative Women’s Studies
  • Gia Tejeda of Marietta, Ga., Major: Economics
  • Kendall Heath of Atlanta, Major: Economics

The winning idea from the North Carolina A&T team focused on a new way to generate power locally to lower electric bills for residents in low income neighborhoods. Other winning ideas involved using technology to improve high school graduation rates, help people get jobs in skilled trades and provide health care for the uninsured.

Ally executives were so impressed by the presentations, that they awarded each student in the competition $1,000 scholarships. 

“The Moguls in the Making program is a strenuous 72 hours of rigorous learning and ideation, and these students impressed us with their energy, creativity, and enthusiasm for solving real-world challenges,” said Ally Financial CEO Jeffrey J. Brown. “Every year, I come away feeling inspired and excited by this next generation of business leaders. We’re grateful to TMCF and the ten HBCUs for their commitment to forging new opportunities for these students, breaking down barriers, and helping to build paths that foster economic mobility for diverse communities for generations to come.”

The 2021 virtual event featured Big Sean as well as philanthropist, entrepreneur, actor, and broadcast presenter Terrence J. 

“As a proud product of an HBCU, I am enormously grateful for the opportunity to demonstrate my support for the institutions responsible for molding some of the greatest minds in the country,” said Terrence J, a graduate of North Carolina A&T State University and TMCF ambassador. “I’m happy to build on the work that Ally has established to spotlight the invaluable position HBCUs hold in communities of color, and to help propel Black students toward professional and personal success.”

The Moguls Impact
Ally understands workforce diversity is integral to both business success and individual economic growth. Aside from the responsibility business leaders have to foster equality within the workplace, diverse companies also outperform their competitors by 35%.1

The success of Moguls in the Making enables the company to reach diverse talent and underscores the significant value of HBCUs in developing future leaders in various industries. Since the first year of the program in 2019, Ally has employed 25 of the Moguls participants as interns and hired 9 as full-time employees across a variety of functions, from IT and marketing to product design and development.

“Working with Ally for another year is an honor, and we are excited to be a part of a growing movement to amplify incredible, untapped talent,” said Dr. Harry L. Williams, President & CEO of the Thurgood Marshall College Fund. “Moguls in the Making is a necessary initiative that is helping to bridge the racial wealth gap and support high achieving students by creating pathways to economic mobility and lucrative job opportunities.”

For the third year, Big Sean returned to offer inspiration to student participants of the Moguls competition.

“Coming back for another year is so important to me,” said Big Sean. “Amazing young talent can often be overlooked but this initiative ensures that Black students are not only seen but lifted to the next phase of their success story. I’m happy to be a part of the collective that is making a difference for so many young people that will help create a better tomorrow for us all.”

About the competition
This year, students hailed from Alabama A&M University, Florida A&M University, Howard University, Virginia State University, North Carolina A&T State University, Morgan State University, Spelman College, Johnson C. Smith University, Delaware State University, and Tuskegee University. Students represented their schools and were tasked with developing and pitching business plans that support economic mobility.

Ally mentors and team coaches, including past Moguls in the Making participants and HBCU alumni, worked with the students to help formulate their plans. Prominent Charlotte-area leaders acted as resources in their respective industries. Students also had the opportunity to virtually attend learning workshops and fireside chats with business leaders.

The event culminated Sunday, Sept. 19 with the teams presenting their business plans to a panel of judges consisting of Ally Chief Marketing and PR Officer Andrea Brimmer, Ally Chief Human Resources Officer Kathie Patterson, Ally Chief Diversity Officer Reggie Willis, The Firmament Group Principal Parris Boyd and Founder and Chairman Emeritus of UrbanWorld Film Festival Stacy Spikes. Learn more about the program at https://www.ally.com/go/moguls/.

The Moguls competition was cited by Fast Company as a reason Ally was named 6th on its 2021 list of Best Workplaces for Innovators, which recognizes companies that foster creative cultures.

1Source: “Diversity wins: How inclusion matters” report, May 2020, McKinsey & Company

About the Thurgood Marshall College Fund (TMCF)
Established in 1987, the Thurgood Marshall College Fund (TMCF) is the nation’s largest organization exclusively representing the Black College Community. TMCF member-schools include the publicly-supported Historically Black Colleges and Universities and Predominantly Black Institutions, enrolling nearly 80% of all students attending black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs, and strategic partnerships, TMCF is a vital resource in the PK-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs.

TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit: www.tmcf.org

About Big Sean and the Sean Anderson Foundation
Big Sean has asserted himself as an important advocate for Mental Health Awareness and for economic mobility training in underserved communities. The mission of his Sean Anderson Foundation, a 501(c)3, is to assist in the education, health, safety, and well-being of school-age youth and their families.

About Ally Financial
Ally Financial Inc. (NYSE: ALLY) is a digital financial services company committed to its promise to “Do It Right” for its consumer, commercial and corporate customers. Ally is composed of an industry-leading independent auto finance and insurance operation, an award-winning digital direct bank (Ally Bank, Member FDIC and Equal Housing Lender, which offers mortgage lending, point-of-sale personal lending, and a variety of deposit and other banking products), a corporate finance business for equity sponsors and middle-market companies, and securities brokerage and investment advisory services. A relentless ally for all things money, Ally helps people save well and earn well, so they can spend for what matters. For more information, please visit www.ally.com and follow @allyfinancial.

For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.

For further images and news on Ally, please visit http://media.ally.com.

Contact:

Brenda Rios

[email protected]

1 Hunt, Vivian, et al. “Why Diversity Matters.” McKinsey & Company, McKinsey & Company, 12 Mar. 2021, www.mckinsey.com/business-functions/organization/our-insights/why-diversity-matters.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/moguls-in-the-making-2021-ally-and-the-thurgood-marshall-fund-once-again-join-forces-to-foster-entrepreneurship-among-hbcu-students-301381633.html

SOURCE Ally Financial

George Remus Single Barrel selections arriving at retailers just in time for National Bourbon Heritage Month

2021 marks the second year the program has been offered to retailers, showcasing the signature high-rye bourbon style of MGP’s historic Lawrenceburg, Indiana distillery

PR Newswire

ST. LOUIS, Sept. 21, 2021 /PRNewswire/ — Luxco announces George Remus Single Barrel selections are headed to participating retailers. The handpicked barrels of bourbon are arriving at retailers in September to celebrate National Bourbon Heritage Month.

This year’s selections mark the second year of the George Remus Single Barrel program. In March retailers were invited to taste and select a barrel from two unique mash bills. This process was done virtually, with participating retailers connecting with distillers online and over the phone. Distilled at MGP’s historic distillery in Lawrenceburg, Indiana, both mash bills reflect the brand’s high-rye bourbon character and are offered at cask strength. Retailers were able to customize the label on their 2021 single barrel selection to enhance the collectible aspect of this special offering.

“We are excited to bring our barrel program back for a second year, and we plan for it to be an annual tradition for many years to come,” said MGP Master Blender David Whitmer. “We take pride in choosing truly memorable bourbon barrels for the Remus barrel program, and we are confident this year’s selections are certain to be a favorite among bourbon fans of the George Remus brand.”

About George Remus® Bourbon
George Remus, a Bourbon brand named after the legendary “King of the Bootleggers,” is crafted at MGP’s historic Lawrenceburg, Indiana distillery. George Remus Straight Bourbon Whiskey is a high-rye blend of Bourbon whiskies, aged over four years, with a hint of vanilla, a maple aroma, and a sweet-yet-characteristic rye flavor (SRP: $39.99/750-ml). Remus Repeal Reserve Series V is crafted from 2005, 2006 and 2008 reserve Bourbons and is available in limited quantities (SRP: $89.99/750-ml bottle). Connect with us: GeorgeRemus.com, @GeorgeRemusBourbon (Facebook, Instagram, YouTube) and @GeorgeRemus (Twitter). G. Remus Distilling Co., Lawrenceburg, IN, 47% ALC/VOL & 50% ALC/VOL. Be Legendary. Sip Responsibly.

About Luxco
Founded in St. Louis in 1958 by the Lux Family, Luxco is a leading producer, supplier, importer and bottler of beverage alcohol products. Our mission is to meet the needs and exceed the expectations of consumers, associates and business partners. Merged with MGP Ingredients, Inc. in 2021 (Nasdaq: MGPI), Luxco operates as MGP’s Brands Division and manages all MGP/Luxco brands. This extensive and award-winning spirits portfolio includes well-known brands from five distilleries: Bardstown, Kentucky-based Lux Row Distillers, home of Ezra Brooks, Rebel, Blood Oath, David Nicholson and Daviess County; Lebanon, Kentucky-based Limestone Branch Distillery, maker of Yellowstone Kentucky Straight Bourbon Whiskey, Minor Case Straight Rye Whiskey and Bowling & Burch Gin; Jalisco, Mexico-based Destiladora González Lux, producer of 100% agave tequilas, El Mayor, Exotico and Dos Primos; MGP’s historic distillery in Lawrenceburg, Indiana, where the George Remus Straight Bourbon Whiskey and Rossville Union Straight Rye Whiskey are produced; and the Washington, D.C.-based Green Hat Distillery, producer of the Green Hat family of gins. The innovative and high-quality brand portfolio also includes Everclear Grain Alcohol, Pearl Vodka, Saint Brendan’s Irish Cream, The Quiet Man Irish Whiskey and other well-recognized brands. For more information about the company and its brands, visit luxco.com.

CONTACT: 

Patrick Barry, BYRNE PR
314-540-3865
[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/george-remus-single-barrel-selections-arriving-at-retailers-just-in-time-for-national-bourbon-heritage-month-301381650.html

SOURCE Luxco

Southwest Airlines Continues Companywide Commitment Toward Diversity, Equity, And Inclusion

Airline shares progress on previously announced plans

PR Newswire

DALLAS, Sept. 21, 2021 /PRNewswire/ — Southwest Airlines Co. (NYSE: LUV) shared an update today with its Employees, Customers, and Partners on the progress the airline has made during the last year and its next steps within the diversity, equity, and inclusion (DEI) roadmap. In September 2020, Southwest Airlines announced Company goals to strengthen and improve efforts to create more diverse, equitable, and inclusive job opportunities and candidate pipelines while championing a welcoming environment for all Employees.

“Summer 2020 was a season of learning for Southwest Airlines in many ways; it heightened our awareness of social injustice and initiated an increased focus on our own diversity and inclusion efforts. We started with evolving our existing Company Values around how we show up individually, how we treat each other, and how we work as a Team,” said Bob Jordan, Executive Vice and incoming CEO at Southwest Airlines. “We identified that the first step toward accomplishing these goals was concentrating on key areas such as diversifying Senior Leadership, enhancing diversity in hiring, providing mentorship and sponsorship opportunities, improving the retention and upward mobility of diverse talent, and training Leaders and Employees. In the past year, we have taken tangible steps to update the required infrastructure, processes, and practices to meet these objectives.”   

Today, the carrier is making steady progress in its processes to increase racial and gender diversity in Leadership. The Diversity, Equity, & Inclusion (DEI) Department formed an Executive Steering Committee to support the strategic direction of this progress. Additional strides include evolving the Company’s talent acquisition processes by requiring diverse candidate pools, inclusion training for all hiring Leaders, and the creation of a Diversity Recruiting Center of Excellence (COE). Southwest Airlines is currently working with more than 188 community partners in support of its efforts to continue developing diverse and inclusive talent pipelines and expanding recruiting efforts. Southwest also recently launched a formal Sponsorship and Mentorship Program and is enhancing its existing Supplier Diversity Program.

Southwest launched a DEI Employee resource website, created an Allyship Guide, and introduced the ability for Employees to develop diversity-focused groups. The purpose of these initiatives is to empower Employees to explore, educate, and further connect in the DEI space.

In 2021, the airline received numerous DEI-focused awards including:

  • Forbes, America’s Best Employers for Diversity, 2021
  • Human Rights Campaign Corporate Equality Index, Best Place to Work for LGBTQ Equality, 2021
  • Latino Leaders Magazine, 25 Best Companies for Latinos to Work, 2021
  • Disability:IN Disability Equality Index, Best Place to Work for Disability Inclusion, 2021
  • 50 Women on 50 Boards, Accelerating Women to Corporate Boards, 2021
  • Viqtory Military Friendly, Military Friendly Employer-Gold; Military Friendly Supplier Diversity; Military Friendly Spouse Employer, 2021
  • National Diversity Council, Power 50 Award honoring Linda Rutherford, Executive Vice President People & Communications, 2021

“We recognize that our work is not done. Our goal is to cultivate a diverse and inclusive experience for all to thrive,” Jordan stated. “We will continue to fuel this ongoing momentum as we strive for sustainable and systemic change through consistent progress.”


Future Vision

In addition to evolving its current initiatives, the DEI Department is partnering with the Corporate Strategy Team on a five-year plan to build a DEI enterprise strategy. Southwest’s motivation is to continue being a healthy organization where Employees thrive, feel appreciated, valued, and have an authentic sense of belonging. The goal is to provide regular progress updates on the Company’s commitments, share a plan of action, and announce a long-standing DEI vision later this year.


ABOUT SOUTHWEST AIRLINES CO.
 
In its 51st year of service, Dallas-based Southwest Airlines Co. continues to differentiate itself from other air carriers with exemplary Customer Service delivered by more than 54,000 Employees to a Customer base that topped 130 million Passengers in 2019. Southwest has a robust network of point-to-point service with a strong presence across top leisure and business markets. In peak travel seasons during 2019, Southwest operated more than 4,000 weekday departures among a network of 101 destinations in the United States and 10 additional countries. In 2020, the carrier added service to Hilo, Hawaii; Cozumel, Mexico; Miami; Palm Springs, Calif.; Steamboat Springs; and Montrose (Telluride), Colo. Thus far in 2021, Southwest has initiated service to Chicago (O’Hare) and Sarasota/Bradenton both on Feb. 14; Savannah/Hilton Head and Colorado Springs both on March 11; Houston (Bush) and Santa Barbara, Calif. both on April 12; Fresno, Calif. on April 25; Destin/Fort Walton Beach on May 6; Myrtle Beach, S.C. on May 23; Bozeman, Mont. on May 27; Jackson, Miss. on June 6; and Eugene, Ore. on Aug. 29. Southwest will begin service to Bellingham, Wash. on Nov. 7; and Syracuse on Nov. 14.  

The carrier issued its Southwest® Promise in May 2020 to highlight new and round-the-clock efforts to support its Customers and Employees well-being and comfort. Among the changes are enhanced cleaning efforts at airports and onboard aircraft, along with a federal mandate requiring every person to wear a mask at all times throughout each flight. Additional details about the Southwest Promise are available at Southwest.com/Promise.     

Southwest coined Transfarency® to describe its purposed philosophy of treating Customers honestly and fairly, and low fares actually staying low. Southwest is the only major U.S. airline to offer bags fly free® to everyone (first and second checked pieces of luggage, size and weight limits apply, some carriers offer free checked bags on select routes or in qualified circumstances). Southwest does not charge change fees, though fare differences might apply.   

Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier’s performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet. Learn more about how the carrier gives back to communities across the world by visiting Southwest.com/citizenship.   

Book Southwest Airlines’ low fares online at Southwest.com or by phone at 800-I-FLY-SWA®.   

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/southwest-airlines-continues-companywide-commitment-toward-diversity-equity-and-inclusion-301381693.html

SOURCE Southwest Airlines Co.

Realogy Named A Great Place To Work® For Fourth Year In A Row

Residential real estate leader – home to Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, and Sotheby’s International Realty® – honored once again as “one of the best companies to work for in the country”

PR Newswire

MADISON, N.J., Sept. 21, 2021 /PRNewswire/ — Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of residential real estate services in the United States, is proud to be Certified™ by Great Place to Work® for the fourth year in a row. The prestigious award is based entirely on current employee feedback about their experience working at Realogy. This year, 86% of Realogy employees said the company is a great place to work – 27 percentage points higher than a typical U.S.-based company, according to the National Employee Engagement Survey by Great Place to Work®.

“I am incredibly proud that for the fourth consecutive year Realogy has been recognized as a Great Place to Work,” said Ryan Schneider, Realogy’s chief executive officer and president. “As we continue to transform and accelerate Realogy’s leadership in both residential real estate and workplace culture, the Great Place to Work designation is especially meaningful. The direct feedback from our people reflects not only their company pride but also their strong dedication to supporting affiliated agents, franchise owners, customers, and each other, every day.”   

Over two-thousand employees participated in the Great Place to Work survey, with Realogy scoring particularly high ratings, 90% and up, to questions, such as feeling welcomed when joining the company, being given a lot of responsibility, and people caring about each other.

“Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that Realogy is one of the best companies to work for in the country.”

Great Place to Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

Realogy is consistently recognized for its culture of inclusion, integrity, and innovation, most recently being named one of LinkedIn’s 2021 Top Companies in the U.S. and being recognized for ten consecutive years as one of the World’s Most Ethical Companies. The company is adopting a hybrid approach for corporate employees as it redefines the future of work, transitioning to a “Home to Hub” work environment where employees have the freedom and flexibility to determine where and how they work to best meet and exceed their goals. Realogy is also redesigning its Madison, N.J., headquarters office and other corporate hubs to serve as collaboration, innovation, and showcase spaces where employees can meet and brainstorm, solve challenges, and lead into the future.

Read more about Realogy’s award-winning culture in the company’s 2020 CSR Report.

About Realogy Holdings Corp.

Realogy Holdings Corp. (NYSE: RLGY) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.4 million home transactions in 2020. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®Coldwell Banker®Coldwell Banker Commercial®, Corcoran®ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 194,200 independent sales agents in the U.S. and approximately 142,700  independent sales agents in 117 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for ten consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row and is one of LinkedIn’s 2021 Top Companies in the U.S.

About Great Place to Work®
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/realogy-named-a-great-place-to-work-for-fourth-year-in-a-row-301381640.html

SOURCE Realogy Holdings Corp.

Thomson Reuters Third-Quarter 2021 Earnings Announcement and Webcast Scheduled for November 2, 2021

PR Newswire


Conference call and webcast scheduled for 8:30 a.m. EDT

TORONTO, Sept. 21, 2021 /PRNewswire/ — Thomson Reuters (NYSE, TSX: TRI) announced today its third-quarter 2021 earnings will be issued via news release on Tuesday, November 2, 2021.

Steve Hasker, president and chief executive officer, and Mike Eastwood, chief financial officer, will host a conference call and simultaneous webcast that morning at 8:30 a.m. EDT. Discussions may include forward-looking information.

You can access the webcast by visiting the “Investor Relations” section of the Thomson Reuters website.  Registration for the webcast is now open. Additionally, an archive of the webcast will be available following the presentation.

Thomson Reuters
Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news service – Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.

 


CONTACTS

MEDIA

 

Andrew Green

Senior Director, Corporate Affairs         

+1 332 219 1511



[email protected]

INVESTORS

 

Frank J. Golden

Head of Investor Relations

+1 332 219 1111


[email protected]

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thomson-reuters-third-quarter-2021-earnings-announcement-and-webcast-scheduled-for-november-2-2021-301380905.html

SOURCE Thomson Reuters

Keysight and Orolia Advance 5G Location-Based Services Based on Global Navigation Satellite System Technologies

Keysight and Orolia Advance 5G Location-Based Services Based on Global Navigation Satellite System Technologies

Integrated solutions address global navigation satellite system test requirements defined by 3GPP and major US carriers

SANTA ROSA, Calif.–(BUSINESS WIRE)–
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, and Orolia have joined forces to advance 5G location-based services (LBS) based on global navigation satellite system (GNSS) technologies.

Working with Orolia, a world leader in Resilient Positioning, Navigation and Timing (PNT) solutions, allows Keysight to extend its 5G device test solution portfolio with advanced global navigation satellite system (GNSS) simulation capabilities. As a result, existing users of Keysight’s 5G device test solutions can easily address GNSS-related 3GPP protocol conformance and carrier acceptance test requirements by upgrading the software in Keysight’s E7515B UXM 5G Wireless Test Platform and combining it with Orolia’s GSG-8 simulator.

“Working with Orolia has enabled Keysight to deliver GNSS-based LBS test solutions for 5G protocol conformance and carrier acceptance validation,” said Muthu Kumaran, general manager of Keysight’s device validation solutions business. “Keysight’s LBS solutions also support assisted global navigation satellite system (A-GNSS) test functionality, enabling users to comprehensively address 5G new radio (NR) conformance requirements mandated by both the Global Certification Forum (GCF) and PTCRB.”

Accurate positioning is important in a wide range of sectors including healthcare, road and aerial transportation, entertainment and homeland security. Future applications, such as drones and autonomous vehicles, will depend on highly precise positioning services for reliable navigation and safe transportation of people, and goods. Mobile operators use GNSS technologies and non-GNSS technologies, such as beamforming, angle-based positioning and round-trip time (RTT), to deliver personalized services and support emergency calls.

“We are pleased to collaborate with Keysight on developing solutions that improve PNT testing for 5G communication networks and devices,” said Lisa Perdue, Orolia’s Simulation Product Line Director. “Our GSG-8 simulator, powered by Orolia’s Skydel Simulation Engine, offers ultra-high performance and unmatched flexibility. The easy-to-use software-defined platform also delivers superior jamming and spoofing options that can help ensure accurate, continuous operations for critical applications during interference or signal loss.”

The efforts of Keysight and Orolia will enable chipset and device makers to verify functionality to accurately position mobile phone users within a geographic area. Orolia’s automated and scalable GSG-8 GNSS simulator supports current GNSS constellations, including GPS, Galileo GLONASS and BeiDou, with upgrade paths to future constellations. Keysight offers in-built positioning capabilities in the UXM 5G wireless test platform for non-GNSS positioning test requirements.

About Orolia

Orolia is the world leader in Resilient Positioning, Navigation and Timing (R-PNT) solutions that improve the reliability, performance, and safety of critical, remote, or high-risk operations, even in GNSS-denied environments. Orolia provides virtually fail-safe GNSS and PNT solutions for military and commercial applications worldwide. www.orolia.com

About Keysight Technologies

Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight’s dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow’s technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics markets. Keysight generated revenues of $4.2B in fiscal year 2020. For more information about Keysight Technologies (NYSE: KEYS), visit us at www.keysight.com.

Additional information about Keysight Technologies is available in the newsroom at https://www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube.

OROLIA CONTACT:

Charles Jones

+1 585 450 2889

[email protected]

KEYSIGHT TECHNOLOGIES CONTACTS:

Geri Lynne LaCombe, Americas/Europe

+1 303 662 4748

[email protected]

Fusako Dohi, Asia

+81 42 660-2162

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Technology Mobile/Wireless Satellite Other Technology Telecommunications Software Networks Internet Hardware

MEDIA:

Logo
Logo